States › Indiana › Westfield

Is Westfield, IN expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,93610% higher than U.S. average
💵 Families earn per year (2026)$132,428about $11,036/month · 52% higher than U.S. average
🔑 House price$425,70028% higher than U.S. average

Rent is higher than in 66% of U.S. cities. A typical house costs about 3.2 years of household income. Most homes (79.5%) are owned, so rentals can be hard to find. It is a highly educated city: 59.8% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $77,440 a year. That is $37 an hour at a full-time job.

Is rent cheaper than other Indiana cities?

No. Rent here is more expensive than in most of Indiana. It is number 127 of 132 cities from cheapest to most expensive.

Westfield
$1,936
$1,040
$1,242
$1,296
$1,272

How much do households earn in Westfield?

Under $25k
5.5%
$25k–50k
12.6%
$50k–100k
31.7%
$100k–150k
25.7%
$150k+
23.3%

Share of households by yearly income. 49.0% of households earn $100,000 or more.

Rent by apartment size in Westfield

SizeWestfieldU.S. average
1 bedroom$1,358$1,324
2 bedrooms$1,855$1,509
3 bedrooms$2,035$1,698
4 bedrooms$2,941$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Westfield overall?

Everyday prices in Indiana overall are 7% below the U.S. average (index 93.3, U.S. = 100).

Housing
74
Goods (food, clothes…)
96
Utilities
86
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Westfield, so the Indiana figure is shown.

Taxes and bills in Westfield

🏛️ Property tax$3,802a year · 0.89% of home value · U.S. $3,119
⚡ Electric bill$160a month (typical) · U.S. $156

Life in Westfield

Commute to work25.1 minU.S.: 26.4 min
College degree59.8%U.S.: 35.7%
Own their home79.5%U.S.: 65.2%
Below poverty line3.6%U.S.: 12.5%
Unemployment2.8%U.S.: 5.2%

Is it cheaper to rent or buy in Westfield?

Renting is cheaper right now: about $1,018 a month less.

Renting
$1,936
Owning
$2,954

Owning assumes a typical $425,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $42,570 for the down payment.

Frequently asked questions

What is the average rent in Westfield, IN?

Renting in Westfield costs a median of about $1,936 a month in 2026, including utilities. The Indiana median is $1,219.

How much do I need to make to live in Westfield?

To keep rent under 30% of income, you need about $77,440 a year, or $37 an hour at a full-time job.

Is Westfield cheap or expensive?

Westfield is rated Cheap: rent takes 17.5% of the typical household income of $132,428. It ranks 127th cheapest of 132 Indiana cities we track.

How much are property taxes in Westfield?

The median homeowner in Westfield pays $3,802 a year in property taxes, about 0.89% of the median home value.

Is Westfield more expensive than the national average?

Overall prices in Indiana are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Westfield?

The median home value in Westfield is $425,700, about 3.2 times the typical yearly household income.

54,677 people live in Westfield. Numbers are typical (middle) values.